No Guesses – No Surprises Cash flow mismanagement is a primary cause of construction business failure. Many contractors started their business undercapitalized and had to apply the art of cash flow management by “kiting” checks, overdrawing working capital lines...
Capacity Public financial markets value companies based on their ability to earn money into the future. Financial analysts apply a multiple to the current proven earnings of a given publicly traded company in an attempt to accurately predict the value of future...
Construction CFOs They’re Not Bean Counters Ours is an extraordinary business. Think of the Egyptians who built the great pyramids of Giza with hand tools in the 26th century BC. Or the 20,000 artisans organized to fashion the remarkable Taj Mahal back in 1643. And...
2022 Construction Inflation Alert Many construction industry executives seem to believe that “runaway” inflation is the story of 2021 and not the theme for 2022. Today we are suspending speculation and simply recording the current construction inflation...
INFLATION – 2022/23 Recent conversations with construction CEOs reveal that many industry professionals believe the current inflation spike is only a blip on the economic radar screen that will fade as soon as the supply chain is untangled. I would like to...
Strategy for Success in 2022 – An Unpresented Market For the entire year this blog will be trying to help construction professionals fashion a response to the four factors that are affecting the 2022 construction market: (1) Inflation (2) Shortage of skilled...
